The Sustainable Finance Research Group is comprised of professors from University of Hamburg in the area of Finance, Accounting and Strategy as well as senior fellows from the financial sector. Our aim is to highlight the role of financial markets and investments for sustainability in business practice. We strongly believe that financial markets bear a huge leverage for facilitating and fostering social chance/opportunity and ecological improvement. Our research investigates a variety of aspects and mechanisms, with emphasis on Environmental, Social, and Governance (ESG) criteria, corporate strategies, stakeholder expectations and corresponding implications for corporate financial performance and risk.
Our research focus is in sustainable finance and accounting:
- Relationship between environmental, social and governance (ESG) criteria and corporate financial performance (CFP).
- Financial and non-financial consequences of mandated vs. voluntary carbon disclosures.
- Measurement and evaluation of impact investments.
- Perception of ESG disclosure by capital market participants.
- Elements of corporate strategy that are central for a positive ESG-CFP relationship.
- Relevance of climate change for investment opportunities and future risks.